KKR's NBFC arm invests Rs 725 cr in Embassy Group's Bengaluru project

KIAFL has been active since 2015 and has invested more than USD 1.5 billion in India's realty sector as of February 2019. It maintains a core focus on high-quality opportunities in cities including Bangalore, Hyderabad, Mumbai and Pune.

KIAFL has been active since 2015 and has invested more than USD 1.5 billion in India's realty sector as of February 2019. It maintains a core focus on high-quality opportunities in cities including Bangalore, Hyderabad, Mumbai and Pune.

A recent Allahabad high court judgment may, however, provide some relief with the court ruling that there shall be no tax levied in case of purchases made at duty free stores at the arrival or departure terminals.